Learning Log Week -2 Lecture: In this lecture I had the understanding‚ why accounting bodies are so heavily regulated by the government. After the corporate collapse‚ accounting body lost the trust of public. Our work was not transparent and therefore‚ was no longer reliable. Regulator body such as ASIC‚ AASB‚ FRC and ASX are formed after the corporate collapse. ASIC is the corporate ‘watch dog’ who monitors FRC‚ AASB and office of AASB. Why we need regulation? Because it is human nature to
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content 1.0 Banking risk 2 1.1 Credit Risk 2 1.2 Illegal lending risk 3 1.3 Illegal fund-raising risk 3 1.4 Financial swindling risk 3 2.0 Bank Risk Classification 4 2.1 Credit Risk 4 This is the main risk of commercial banks. Means of access to bank credit to support the possibility of a debtor can not repay on time and in accordance with the contractual principal and interest. In today’s commercial banking business diversification‚ not only the traditional credit risk remains a major
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glance Summary Financial performance Profitability Cost Shareholders’ returns 01 03 05 05 09 10 Chapter 4: Financial position Balance sheet Asset quality Capital adequacy 15 15 19 23 Chapter 5: Sector commentary Focus on retail banking Financial Inclusion remain a top priority Making the best use of technology 25 25 27 28 Chapter 6: Regulation Regulations:
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the business of banking. BO s.2: • "banking business" means the business of either or both of the following- (a) receiving from the general public money on current‚ deposit‚ savings or other similar account repayable on demand or within less than the period specified in item 1 of the 1st Schedule of BO or with a period of call or notice of less than that period; (b) paying or collecting cheques drawn by or paid in by customers; BO s.16: • "banking license" means a banking license A person
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technology change and The Agency Theory‚ agents want to take risk to show results and good performance. In order to deliver better profit‚ they bring in a diverse range of products and activities. The government normally regulates these financial institutions and today we have banks selling insurance products and insurance company selling banks products. Adding to the advanced technology today‚ just one click consumers can move their money quick and effectively. (Banking has changed: What does it mean
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Banking Introduction What is a bank ? A banker or bank is a financial institution that acts as a payment agent for customers‚ and borrows and lends money. In some countries such as Germany‚ banks are the primary owners of industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies. Banks borrow money by accepting funds deposited on current account‚ accepting term deposits and by issuing debt securities such as banknotes
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2231-4288 JOURNAL ON BANKING FINANCIAL SERVICES & INSURANCE RESEARCH Internationally Indexed & Listed Referred e-Journal A CAMEL MODEL ANALYSIS OF PUBLIC & PRIVATE SECTOR BANKS IN INDIA K. V. N. PRASAD*; G. RAVINDER**; DR. D. MAHESHWARA REDDY** *Assistant Professor‚ ITM Business School‚ Warangal‚ Andhra Pradesh‚ India. **Lecturer‚ ITM Business School‚ Warangal‚ Andhra Pradesh‚ India. ***Assistant Professor‚ ITM Business School‚ Warangal‚ Andhra Pradesh‚ India. ABSTRACT Banking sector is one of the
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Search (Ex: crystalline silicon solar) Search Within This Collection Advanced Search DSpace@MIT Essays on banking Research and Teaching Output of the MIT Community Home → MIT Libraries → MIT Theses → Theses - Sloan School of Management → Management - Ph.D. / Sc.D. → View Item Essays on banking Download Author: Erel‚ Isil Citable URI: http://hdl.handle.net/1721.1/34145 Other Contributors: Sloan School of Management. Advisor: Stewart
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Faculty of Commerce Faculty of Commerce - Accounting & Finance Working Papers University of Wollongong Year Accounting Theory and Practice: the Ethical Dimension M. Gaffikin University of Wollongong‚ michael gaffikin@uow.edu.au This working paper was originally published as Gaffikin‚ M‚ Accounting theory and practice: the ethical dimension‚ Accounting Finance Working Paper 07/04‚ School of Accounting Finance‚ University of Wollongong‚ 2007. This paper is posted at Research Online. http://ro
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Domain “Banking System " keeps the day by day tally record as a complete banking. It can keep the information of Account type‚ account opening form‚ Deposit‚ Withdrowal‚ and Searching t he transaction‚ Transaction report‚ Individual account opening form‚ Group Account. The exciting part of this project is; it displays Transaction reports‚ Statistical Summary o f Account type and Interest Information. SYNOPSIS “Banking System " keeps the day by day tally record as a comp lete banking. It can
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